Science & Technology
Billion-Dollar Sensor Opportunities | Pressat
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There are plenty of billion-dollar-plus sensor businesses already. The top 15 sensor manufacturers have $45 billion in such activity if we include the value of sensors they manufacture for use in their own products. What next? The New Zhar Research report, “Sensor Materials and Systems Markets 2023-2043” has the detail. It takes its cues from specific patent trends, the latest research pipeline, the future of the user industries, insider viewpoints and more. It finds some trouble ahead, limiting overall growth to 3% CAGR with some declining sectors but others growing very rapidly, so careful selection will be essential.
For example, automotive and energy have been large markets for sensors but electrification reduces parts by up to 99% and fuel supply chains vanish, eliminating sensors from mine to burner. Well within 20 years, sensors for the fossil-fuel heritage will be circling the drain. This will be despite latest forecasts by the EIA and S&P predicting oil and gas sales holding up on what Shakespeare called, “the primrose way to the everlasting bonfire”.
Fastest growing sectors
Zhar Research sees most other sectors growing faster and telecommunications sensors – including those incorporated into client devices such as Internet of Things nodes – eventually becoming the largest sensor market sector by value. Overall, in 2043, expect a massive $232 billion business just for sensor hardware.
Electromagnetic wins
Cutting it by technology, electromagnetic sensing will lead at $52 billion. It will involve microwave, terahertz/ far-infrared, near-infrared, visible and ultraviolet sensing that determines magnitude, change, spectrum analysis or imaging. There will also be use of electromagnetic radiation to monitor temperature, distance and so on.
However, care is needed. For example, the largest potential market for LIDAR sensors was supposed to become automotive but market leader Tesla does not use them. No ultrasound either. Recently, several major car manufacturers, loaded with debt, have dropped their autonomous vehicle programs, LIDAR included.
Large new markets
The twenty-year viewpoint is essential to capture the large new markets being created. They include such things as new heavy industry in the form of long-duration grid storage (liquid air, compressed air etc.) and 6G Communications which includes that new terahertz market.
Zhar Research has a close look at design trends and the research pipeline but also industry dynamics to form its predictions. For example, smartphone sales dropped 12% last year and an increasingly global recession will not help them rise again. On the bright side, 6G Communications will later transform the capability and desirability of smartphones and other client devices. In a multiplier of growth, the number of sensors in a smartphone, smart watch and so on will double. 6G will particularly boost sensor sales in its Phase 2 around 2035 when it becomes largely optical and also enables vast numbers of battery-less client devices full of sensors – or such is the intention. See Zhar Research report, “6G Communications: Optical Materials and Components Markets: Visible, Near IR, Far IR from 0.3THz 2023-2043“.
Needs to be avoided and those to prioritise
Those hoping to create a billion-dollar sensor business from yesterday’s sectors will be disappointed. They include coal, oil and gas fuel and vehicles and generators using fossil fuels. That is despite some initial growth. Better to address such sectors as bionic man and woman, the expected 500 million with diabetes, unmanned factories, mines and aircraft, even robot ships and unmanned farming.
Nuanced opportunities
Dr Peter Harrop CEO of Zhar Research adds,
“There are also more nuanced opportunities from such things as multifunctional sensors and more sensor fusion where software makes several sensors greater than the sum of the parts. This is biomimetics mimicking how your body works. It will include smart skin as structural electronics performing more than just sensing. Some sensing business will transmute into smart material feedstock.”
He adds,
“Then there is the vision of an Internet of Senses based on devices, sensors, actuators and context-aware applications. It is intended to make our digital experiences richer, involving all our senses, and ultimately merging the digital and the physical worlds – or so they say. How much actual business that creates over the next twenty years remains to be seen. ”
Technology excellence ahead
Certainly, in planning your next billion-dollar sensor business you would do well to track leading technology trends such as miniaturised and integrated sensors, selling the associated software and systems as well. For instance, startup Senbiosys utilizes six photoplethysmogram (PPG) sensors in its new smart ring plus 18 microLEDs which provide the returned light they utilise. When paired with an accompanying smartphone app, data gathered by the ring’s PPGs, thermometer and accelerometer are used to determine the wearer’s heart rate, respiration rate, step count, body temperature, blood oxygen level, sleep quality, stress level and calories burned. Another new example is MIT MechSense. This is showing the way by 3D printing of wireless sensors directly into rotating parts.
Learn from the best
Many emerging sensor manufacturers are identified in the new report. Some have formidable innovation in the best sectors but no in-house sales. Consider them as possible acquisitions, sources or partners. Learn from existing well-run sensor businesses such as $3.8 billion Sensata Technologies (strapline “sensing is what we do”) and TE Connectivity. For example, TE will rise with its choice of aerospace, military, industrial, medical and air-conditioning sensor systems boosted by global warming by the fact that emerging economies are mostly in tropical regions. Sensata focus wisely includes sensors for the electrification of vehicles and the power grid. They succeed without being top patentors of sensors, though patenting remains important. Heavy sensor patentor Sony shrewdly prioritises sensors for electric vehicles, robotics, personal electronics and, like Sensata, deliberately prioritising very advanced sensor technologies. Teledyne is also very much up-market in its billion dollar sensor activity.
Lessons of poor positioning
Set against this, Zhar Research identifies some top patentors that are not in a strong position for the future because they are too reliant on imperilled market sectors, having earnings, profits or patenting trending down and failing to lead competition in sensor technology or use.
Big picture essential
The report is unusual in looking at the whole sensor business because your opportunities may be wider than you think. It closely covers companies selling to themselves and selling custom sensors because the catalog sensor business is only the tip of the iceberg. The booming business in image sensors is a strong example of in-house and custom uses.
League table for the future
The Zhar Research supplier league tables are based on forward-looking criteria such as sensor patenting amount and trend, focus on growth sensors markets, innovation, sales and in-house use. Zhar Research rates Samsung top sensor company for 2023-2043 on current evidence. It makes the Tesla embedded cameras and the sensors for its smartphones that outsell everyone but it is also expanding in medical sensing and more. However, sensor-outsiders Apple and Qualcomm now patenting sensors like there is no tomorrow. Qualcomm newly offers a Snapdragon Digital Chassis as the heart of sensors and most else in electric vehicles. For more see Zhar Research report, “Sensor Materials and Systems Markets 2023-2043“.
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Science & Technology
Quantum Computing Breakthrough: Data Security Implications
MIT’s new quantum algorithm could revolutionize data processing, posing significant challenges for current cryptographic systems. This article explores the implications for data security and potential solutions to counteract quantum threats.
The recent breakthrough in quantum computing by researchers at MIT marks a pivotal moment in the field of data security. On August 19, 2026, Nature published the details of a new quantum algorithm capable of processing data at speeds previously unimaginable. While this innovation holds enormous potential for advancing machine learning and other computational fields, it simultaneously presents a formidable challenge to the current cryptographic systems relied upon to safeguard sensitive information.
At the core of contemporary data security is the reliance on encryption techniques that depend on the complexity of certain mathematical problems, such as the factoring of large numbers, which are currently infeasible for classical computers to solve within a practical timeframe. However, quantum computers, with their ability to perform calculations exponentially faster than traditional machines, threaten to render these encryption methods obsolete. This development could have profound implications for sectors that prioritize data security, including finance, healthcare, and government, where sensitive data is at risk of exposure.
The immediate concern for cybersecurity experts is the potential for quantum computers to crack widely used encryption protocols, such as RSA and ECC, which form the backbone of secure internet communications. The computational power unleashed by quantum algorithms could theoretically decrypt encrypted data in a fraction of the time required by classical computers, leaving digital communications vulnerable to interception and exploitation.
In response to this looming threat, researchers and industry experts are actively exploring the development of quantum-resistant algorithms. These algorithms are designed to withstand the capabilities of quantum computing, ensuring the confidentiality and integrity of data even in a post-quantum world. Efforts in this direction include the study of lattice-based cryptography, hash-based signatures, and multivariate polynomial equations as potential foundations for secure encryption systems.
The urgency to develop and implement quantum-resistant cryptography is underscored by the rapid pace of advancements in quantum technology. Tech companies, governments, and academic institutions are investing heavily in research to safeguard their data infrastructures against quantum threats. The transition to quantum-resistant systems, however, is not without its challenges. It requires a comprehensive overhaul of existing cryptographic frameworks and widespread adoption across industries, a process that demands both time and resources.
Despite these challenges, the potential benefits of quantum computing in fields such as artificial intelligence, pharmaceuticals, and materials science cannot be overlooked. The same capabilities that pose a threat to data security also offer the promise of unprecedented advancements in computational power, enabling breakthroughs that were previously beyond reach.
As the world stands on the brink of a quantum revolution, the dual-edged nature of this technological leap is clear. While the security of our digital world faces new threats, the opportunity for innovation and progress is equally profound. The path forward will require a concerted effort to balance the risks and rewards of quantum computing, ensuring that the transformative potential of this technology is harnessed responsibly and securely.
In the coming years, as quantum technologies continue to evolve, the focus will be on developing robust standards for quantum-resistant cryptography and fostering collaboration between academia, industry, and government to navigate this new frontier. The race to secure our digital future in the face of quantum capabilities is not just a technical challenge but a strategic imperative that will shape the landscape of cybersecurity for decades to come.
Science & Technology
AI-Driven Tools Propel Mars Exploration to New Heights
NASA’s latest Mars mission features AI-driven tools in its rover, enabling autonomous navigation and faster data transmission, marking a significant advancement in space exploration technology.
NASA’s latest mission to Mars has captivated both scientific communities and the public, as the new rover equipped with AI-driven exploration tools begins its journey across the Martian landscape. Wired’s August 2026 report highlights the rover’s ability to autonomously navigate the challenging terrain while making real-time decisions, significantly enhancing the efficiency of data collection. This innovation is poised to revolutionize the way robotic missions are conducted in space.
The rover’s sophisticated communication systems represent another leap forward, allowing for faster and more reliable data transmission back to Earth. These advancements mean that scientists can receive critical information more swiftly, enabling them to adjust mission parameters as needed. According to Wired, this capability is essential for responding to unexpected findings and maximizing the scientific value of each mission.
Moreover, the integration of AI tools in the rover’s design marks a pivotal shift towards reducing dependence on Earth-based commands. As Wired notes, this development could pave the way for future missions that operate with greater autonomy, setting the stage for more complex and prolonged explorations of Mars. The implications of this technology extend beyond current missions, suggesting a future where human exploration of Mars is supported by highly capable robotic counterparts.
As NASA continues to push the boundaries of space exploration, the success of this mission will likely influence the design and execution of future endeavors. The potential for these AI-driven tools to transform space exploration is immense, promising a new era of discovery and innovation on the red planet and beyond.
Science & Technology
Quantum Computing Breakthroughs: Disrupting Industries with Oxford’s Innovations
A recent breakthrough in quantum computing at the University of Oxford promises to disrupt multiple industries by significantly enhancing computational capabilities. Explore the technological implications and potential disruptions poised to redefine sectors.
In May 2026, the University of Oxford announced a significant breakthrough in the field of quantum computing, unveiling an advanced error correction algorithm that has the potential to transform computational capabilities. This development is not just a scientific triumph; it heralds a new era of technological disruption across multiple industries. Quantum computing, long anticipated as the next frontier in technology, promises to solve complex problems beyond the reach of classical computers, and Oxford’s latest advancement brings this closer to reality.
At the core of this breakthrough is the enhancement in quantum error correction, a critical component that addresses the inherent instability of qubits, which are the fundamental units of quantum information. Traditional computers use bits of 0s and 1s, but quantum computers operate on qubits, which can exist in multiple states simultaneously. This superposition allows quantum computers to process information exponentially faster than classical computers. However, qubits are notoriously prone to errors due to environmental noise and operational inaccuracies. Oxford’s new algorithm significantly improves the error correction process, maintaining qubit stability longer and allowing extended computational tasks to be performed accurately.
The implications of this are profound. Industries ranging from pharmaceuticals to finance stand on the cusp of disruption as quantum computing offers the ability to model complex molecular structures, optimize large-scale financial portfolios, and even revolutionize artificial intelligence algorithms. In pharmaceuticals, for example, quantum computing can expedite drug discovery by accurately simulating molecular interactions, potentially reducing the time and cost associated with bringing new drugs to market. Similarly, in finance, quantum algorithms can optimize trading strategies and risk management with a precision unattainable by current technologies.
Moreover, the ripple effects of such a leap in computational power extend to data encryption and cybersecurity. Quantum computers possess the potential to decrypt classical encryption methods, prompting a race for quantum-resistant cryptography. This necessitates a paradigm shift in how we secure digital information, affecting every sector that relies on data security.
Despite the tremendous promise, the transition to quantum computing is not without its challenges. The infrastructure required to support quantum technologies is expensive and complex. There is also a significant skills gap; experts in quantum computing are scarce, and training a new generation of scientists and engineers is imperative. Furthermore, ethical considerations regarding the power of quantum computing must be addressed, particularly in terms of privacy and security.
Looking forward, as quantum computing continues to evolve, industries will need to adapt swiftly to harness its capabilities. Early adopters who invest in quantum technologies and develop quantum-ready strategies will likely dominate in the coming decade. As Oxford’s breakthrough demonstrates, the race is on to fully realize the potential of quantum computing and redefine the boundaries of what is technologically possible.
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